Service tax on rent on residential property

Negative list and mega notification are to be read separetly and not in isolation. Both negative list and the mega notification are effective w.e.f 01-07-2012. To conclude, if anything is exempt under negative list and the same has not been mentioned in the mega notification then it does not imply that teh said service is taxable, it continues to be exempted.

There is possibility that the item may have been removed from the negative list and therefore not included in the notification.

Both negative list and mega notification has to be read independently and not exclusively. There is no legality in "such possibility" as mentioned by Mr. Sunil.